The over $10 billion Middle East wire, cables and tubes industry is reaping the dividends of infrastructure growth in the region and looks to boost its visibility by taking part in the leading twin trade fair, wire 2024 and Tube 2024.
UAE s minerals and metals sector is set for 3% growth hitting $10 billion by 2025, said key experts, adding the industry is on a turnaround with demand continuing to pick up from a host of economic sectors including construction and building materials.
In the backdrop of the accelerated energy transition to achieve the Net Zero goal by 2050 as well as the exponential growth in infrastructure development and construction activities in the UAE, the minerals and metals industry is estimated to grow at a rate of over 3 per cent, touching an estimated value of nearly $10 billion by 2025, industry